Press release
Global Agricultural Robots And Drones Market Forecast Report By 2025: Players Operating Are 3D Robotics, Inc., Case IH, DeLaval Inc., Festo AG & Co. KG, Kinze Manufacturing, senseFly (Parrot Group), AgEagle Aerial Systems, FarmBot Inc., Robotnik, AgJuncti
Global Agricultural Robots And Drones Market Size
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The global agricultural robots and drones market size is projected to be worth USD 56.02 billion by 2025 driven by increasing demand for smart technology paired with surge in government spending in agriculture sector.
Agriculture is a trillion-dollar industry, representing almost 10% of the global GDP and employs billions of the global working population. With world’s population forecast to reach around 9 billion by 2050 according to the United Nations, it is expected that the agricultural consumption will increase by 70% over the same period.
Dairy farm robots or automatic milking systems (AMS) captured 58.5% market share of agricultural robots and drones market in 2017. Milking robots provide more flexibility and improve the overall milking process than conventional systems. These robots reduce human labour and make milk harvesting efficient Milking robots enable farmers to shift their focus to other areas of farm management such as monitoring cow’s health, vaccinations and others. In addition, it also, assist farmers in monitoring milk production, quality and characteristics at individual (cow) level, driving the demand for robots in farming sector.
As of 2017, the global agricultural robots and drones industry is concentrated with limited number of players. However, there are many startups and already established companies from agriculture industry are acquiring and collaborating with domestically established companies. There are also many investment coming from venture capitals and funds raised by the startups to develop multiple type of autonomous robots for agriculture industry.
The major players operating in agricultural robots and drones market includes 3D Robotics, Inc., Case IH, DeLaval Inc., Festo AG & Co. KG, Kinze Manufacturing, senseFly (Parrot Group), AgEagle Aerial Systems, FarmBot Inc., Robotnik, AgJunction, Inc., Agribotix LLC, Beijing UniStrong Science & Technology Co., Ltd., L'Avion Jaune, Gamaya SA, and Pix4D.
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Key segments of the global agricultural robots and drones market
Type Overview, 2014-2025 (USD million)
Dairy Farm Robots
Autonomous Tractors
Agriculture Drones
Weeding Robots
Harvesting Robots
Regional Overview, 2014-2025 (USD million)
North America
US
Canada
Europe
UK
Germany
Italy
France
Asia Pacific
Japan
China
Australia
Latin America
Brazil
Mexico
Middle East & Africa
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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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